Mother passed away and another family member convinced Father to amend the RLT so that the only son was removed as beneficiary and replaced with the family member's children.
If this language is in a trust: Upon the death of either one of the Grantors, this trust shall become irrevocable with respect to any specific gifts to beneficiaries other than the surviving Grantor, but otherwise shall be subject to amendment by the surviving Grantor...does that mean that the beneficiary cannot be changed? Or is that referring to something like furniture or jewelry?
Asked on 10/27/15, 10:28 am
1 Answer from Attorneys
Kenneth Wilk
Rubino Ruman Crosmer & Polen
Beneficiary probably can be changed. But you should have an attorney review the entire document.
Answered on 10/27/15, 7:50 pm
Related Questions & Answers
-
If I am a resident of Indiana, a patient on the rehab center and I own a home. My... Asked 7/03/15, 10:19 am in United States Indiana Elder Law
-
My father is 62 and was diagnosed with dementia recently. He is married to a woman... Asked 3/11/15, 4:30 pm in United States Indiana Elder Law
-
How do elder lawyers charge for skilled nursing home patients? I don't know if we... Asked 10/15/14, 12:33 pm in United States Indiana Elder Law
-
Hello, I have a question about Medicaid eligibility in Indiana for elderly... Asked 4/16/14, 1:34 pm in United States Indiana Elder Law
-
I thought after a certain age (69 or 70) you could make any amount of money and not... Asked 4/08/14, 11:48 am in United States Indiana Elder Law